Credit Risk Manager
2025-03-28T11:02:38+00:00
Equity Bank
https://www.greattanzaniajobs.com/jsjobsdata/data/employer/comp_2710/logo/Equity%20Bank%20Tanzania.png
https://www.tz.equitybankgroup.com
FULL_TIME
Dar Es Salaam
Dar es Salaam
00000
Tanzania
Banking
Management
2025-03-31T17:00:00+00:00
Tanzania
8
Credit Risk Manager is responsible for the effective independent oversight of risks associated with
Credit portfolio of the bank.
The Manager’s primary responsibility is to develop and implement a credit risk management framework with appropriate tools for identification, measurement, reporting and control of the bank’s credit risk portfolio.
He /she will also provide oversight on the adequacy of the controls over the risk-taking activities and report on adherence to underwriting governance.
MAIN DUTIES AND RESPONSIBILITIES:
- Monitor and ensure key risk activities in credit risk management are undertaken including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction, model development and validation for retail, corporate, and, SME lending, credit risk capital computation, data management, risk mitigation programs, monitoring and reporting including determination and monitoring of limits.
- Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit
portfolio
- Undertaking portfolio review to ascertain the adequacy of the underwriting controls, collateral management, compliance to facilities classification, compliance to provision charges and charging off requirements.
- Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis,
- Reporting and recommending to the management on the various matters on the credit risk performance trends, risk landscape, risk mitigation strategies and programs,
- Act in a timely manner to ensure effective management, and where necessary mitigation.
KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:
Knowledge
- Risk Control mindset: Should show mastery of risk disciplines at a bank-wide and integrated level, risk processes, tools and techniques, capital management, risk- related regulations, and
- Technical Knowledge: Should have a strong understanding of statistics and quantitative data analysis methods.
- Strong process orientation – A strong understanding of banking processes and operations.
- Intellectual curiosity and analytical approach to work.
- Ability to influence a culture of risk awareness in the organization.
- Ability to lead and exercise authority through expertise and experience, showing both strategic and operational understanding of the credit business model.
Skills
- Excellent written and oral communication skills, with proven ability to present and explain complex information.
- Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.
Qualifications
Bachelor’s Degree in Banking, Finance, Business, or a related field.
Work Experience
- Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles.
- The candidate must ideally have strong functional experience, exposure to regulatory interactions and compliance, strong technology orientation, and a keen eye for detail.
MAIN DUTIES AND RESPONSIBILITIES: • Monitor and ensure key risk activities in credit risk management are undertaken including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction, model development and validation for retail, corporate, and, SME lending, credit risk capital computation, data management, risk mitigation programs, monitoring and reporting including determination and monitoring of limits. • Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit portfolio • Undertaking portfolio review to ascertain the adequacy of the underwriting controls, collateral management, compliance to facilities classification, compliance to provision charges and charging off requirements. • Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis, • Reporting and recommending to the management on the various matters on the credit risk performance trends, risk landscape, risk mitigation strategies and programs, • Act in a timely manner to ensure effective management, and where necessary mitigation.
Skills • Excellent written and oral communication skills, with proven ability to present and explain complex information. • Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.
Qualifications Bachelor’s Degree in Banking, Finance, Business, or a related field. Work Experience • Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles. • The candidate must ideally have strong functional experience, exposure to regulatory interactions and compliance, strong technology orientation, and a keen eye for detail.
JOB-67e681ce9902c
Vacancy title:
Credit Risk Manager
[Type: FULL_TIME, Industry: Banking, Category: Management]
Jobs at:
Equity Bank
Deadline of this Job:
Monday, March 31 2025
Duty Station:
Dar es Salaam | Tanzania
Summary
Date Posted: Friday, March 28 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Credit Risk Manager is responsible for the effective independent oversight of risks associated with
Credit portfolio of the bank.
The Manager’s primary responsibility is to develop and implement a credit risk management framework with appropriate tools for identification, measurement, reporting and control of the bank’s credit risk portfolio.
He /she will also provide oversight on the adequacy of the controls over the risk-taking activities and report on adherence to underwriting governance.
MAIN DUTIES AND RESPONSIBILITIES:
- Monitor and ensure key risk activities in credit risk management are undertaken including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction, model development and validation for retail, corporate, and, SME lending, credit risk capital computation, data management, risk mitigation programs, monitoring and reporting including determination and monitoring of limits.
- Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit
portfolio
- Undertaking portfolio review to ascertain the adequacy of the underwriting controls, collateral management, compliance to facilities classification, compliance to provision charges and charging off requirements.
- Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis,
- Reporting and recommending to the management on the various matters on the credit risk performance trends, risk landscape, risk mitigation strategies and programs,
- Act in a timely manner to ensure effective management, and where necessary mitigation.
KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:
Knowledge
- Risk Control mindset: Should show mastery of risk disciplines at a bank-wide and integrated level, risk processes, tools and techniques, capital management, risk- related regulations, and
- Technical Knowledge: Should have a strong understanding of statistics and quantitative data analysis methods.
- Strong process orientation – A strong understanding of banking processes and operations.
- Intellectual curiosity and analytical approach to work.
- Ability to influence a culture of risk awareness in the organization.
- Ability to lead and exercise authority through expertise and experience, showing both strategic and operational understanding of the credit business model.
Skills
- Excellent written and oral communication skills, with proven ability to present and explain complex information.
- Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.
Qualifications
Bachelor’s Degree in Banking, Finance, Business, or a related field.
Work Experience
- Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles.
- The candidate must ideally have strong functional experience, exposure to regulatory interactions and compliance, strong technology orientation, and a keen eye for detail.
Work Hours: 8
Experience in Months: 60
Level of Education: bachelor degree
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